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Established Fish And Chip Shop In Prime Location For Sale

Wolverhampton, West Midlands, UK
Asking Price:
£80,000
Turnover:
£208,000
Net Profit:
Not applicable

Mailbox Estates are delighted to welcome to the market a popular Fish & Chip Shop that has built up an enviable reputation with a large loyal customer base over the last 20 years.

The store operates as a traditional takeaway and has undergone extensive refurbishment to adapt to the contemporary style.

THE OPPURTUNITY:
*Newly opened Heron Foods next door occupying more than 3,000 Sq.ft with footfall to increase massively
*Nil business rates
*4* Food Hygiene Rating
*Free and convenient customer parking
*Recently refurbished, so there's no need for additional expenditures, allowing full focus on the store's operations

REASON FOR SALE:
*The owner is selling due to the need to dedicate full attention to other business commitments

TURNOVER:
*We have been advised by our client that the turnover is £4,000 per week on average
*Delivery sales with Justeat contribute to around £500 per week

RENT AND OTHER UTILITIES
*There is a fixed price of £800 per week which includes unlimited electricity, Water, Broadband & Wifi, Service Charge and rent. ( excludes Gas )

TRADING HOURS:
*Monday - Saturday 12:00pm -8:00pm
*Sunday - Closed

STAFF:
*The business operates with three part time staff one full time

MAIN SHOP:
*TV Menu Boards, Online CCTV, and a front car parking area for customers.

FIXTURES & FITTINGS:
* Middleton 3 pan range
* 4 Archway kebab machines
* 6 Pot Bain Marie
* 3 door under counter fridge
* Osborne fish fridge
* Bold chipper, Peeler and Mixer
* Double door fridge/freezer
* Chest freezer

REAR SHOP AREA:
* Open plan area with ample preparation space
* W.C

EXTERNAL:
* Shared Car park up to 35 spaces for customers.
* Rear loading access.

TENURE:
* The site is offered by way of assignment of the existing lease with 15 years remaining on a renewable lease.

RATES:
* The business benefits from Small Business Rates Relief.

ACCOMMODATION:
* The business is being offered for sale as a lock-up therefore no accommodation is available.

REGULATORY:
* A5 Licence
* 4* Food Hygiene Rating

LEGAL COSTS:
* Each party to be responsible for their own legal costs in connection with the sale.
* Landlord's legal fees are the vendor and buyers responsibility. This will be shared equally and payable by both parties.

TRADING INFORMATION:
* Trading information will be made available to genuinely interested parties who have signed a Non Disclosure Agreement and viewed the premises.

VIEWING ARRANGEMENTS:
* Mailbox Estates highly advise early viewing to avoid disappointment.
* Discreet customer visits are encouraged but ON NO ACCOUNT SHOULD ANY DIRECT APPROACH BE MADE TO THE VENDOR OR ANY OF IT'S STAFF

DEPOSITS:
* Successful Applicants will be required to pay a non-refundable deposit.

Property Information

Property:

Leasehold

Location:

Located on a busy main road with high levels of footfall

Business Operation

Trading hours:

Monday - Saturday 12:00pm -8:00pm
Sunday - Closed

Employees:
3 Part time & 1 Full time